Question 1 Calculate the following ratios for the firms in the table. The ratios are Current, Acid-Test, Accounts Receivable turnover, Average Collection Period, and Inventory Turnover. i. Which of the three firms is more likely to be successful in its loan application at your bank and why? ii. Which of the three firms is most efficient in its Inventory management? iii. Which of these firms is most efficient in its accounts receivable management? Item (Ghe millions) Current assets Accounts receivable Cash and marketable securities Inventory Other current assets Sales Cost of goods sold Total current liabilities Dawhenya Electronics 124,712 17,908 96,282 2,902 7,620 93,580 63,038 49,858 Miosto Computers 89,378 30,343 41,601 2,349 15,085 233,715 140,089 80,610 Afienya E- Servies 51,787 7,083 7,584 4,288 32,832 103,355 78,596 42,191